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499 Melbourne Road, Newport$920,000
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499 Melbourne Road

Newport, VIC 3015, Australia
$890,000 – $950,000
3 bed 1 bath 2 car491 m²

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About this property

Perfectly positioned in one of Newport's most connected pockets, this classic three-bedroom home presents an outstanding opportunity for families, renovators and developers alike. Occupying a substantial 491sqm (approx.) this corner allotment with exciting future potential (STCA) has valuable dual street frontage and a rear ROW, the possibilities here are as impressive as the location itself. Comfortable as is, the home offers three generous bedrooms, a central bathroom, multiple living zones and a large double garage with scope to renovate, extend or explore redevelopment opportunities in the future (STCA). The true appeal lies in the lifestyle and location. Only a short walk to local primary schools: Newport Lakes and Sacred Heart. You are moments away from Newport's vibrant village atmosphere with Mason Street's renowned cafés and eateries and the rapidly evolving Spotswood precinct with recently transformed Hudsons Road shopping and dining strip. There's Newport Lakes Reserve, public transport options, a short walk to Newport Station and bus routes plus a quick drive to Williamstown as well as easy road or train access to Melbourne's CBD and beyond. Property highlights: • 491sqm corner allotment (approx.) • Exciting development and subdivision potential (STCA) • Excellent scope to renovate, extend or rebuild (STCA) • Multiple living and dining zones • Three spacious bedrooms • Central bathroom • Large double garage with additional off-street parking • Minutes to Newport Station and bus route 472 at your doorstep • Walking distance to local primary schools, shopping villages and Newport Lakes Reserve • Easy access to Melbourne CBD, Williamstown waterfront and major arterials • Positioned within a highly sought-after and continually evolving inner-west location

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
491 m²
Listed
2 weeks ago

Repayment calculator

$4,460/month
$2,230 /fortnight
Loan $736,000 at 6.10% over 30 years

Upfront costs

Deposit$184,000
Stamp duty$50,270
Conveyancing (est.)$2,000
Total upfront$236,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Newport

This 3-bedroom house in Newport, VIC 3015 sits within reach of public transport, local shops and nearby schools. It is listed 8% below the $997,500 median of 60 comparable houseswithin 5 km.

Schools near Newport

  • Bayside P-12 College-Paisley Campuscombined
  • Westbourne Grammar School - Williamstown Campuscombined
  • Australian Islamic Centre Collegeprimary · Prep-6 · CoEd
  • Newport Gardens Primary Schoolprimary · Prep-6 · CoEd
  • Newport Lakes Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Mason Street/Melbourne Road (bus)466 m away
  • Newport Laundrette404 m away
  • Kohry Reserve135 m away
  • Leo Hoffman Reserve518 m away
  • Unnamed541 m away

Newport at a glance

Full suburb profile
Population
13,658
Median age
38
Household income
$2,657/wk
Median rent
$471/wk
Median mortgage
$2,507/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Newport price trend

Median sold · House 3 bed

Compound growth -0.6% / yr over 4 yrs

$1.17mcurrent median

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Price history

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1 price change recorded for this property

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